ATEX Resources Announces CFO Transition
ATEX Resources Announces CFO Transition
Toronto, Ontario--(Newsfile Corp. - August 24, 2026) -
ATEX Resources Inc. (TSX: ATX) (OTCQX:
ATXRF)
("
ATEX
" or the "
Company
") announces that Elijah Tyshynski is stepping down from his
position as Chief Financial Officer of the Company to pursue another opportunity. The Board of Directors
has appointed Jacques Steele, who is currently the Company's Director of Finance, as Interim Chief
Financial Officer. Mr. Steele is an experienced mining finance executive with expertise in financial
reporting, corporate finance and strategic planning. His familiarity with ATEX's business and financial
operations provides strong continuity across the finance function. Mr. Tyshynski will remain with the
Company through a period of transition to ensure a comprehensive and orderly transition of the finance
function.
Craig Nelsen, Chairman of ATEX's Board of Directors, commented:
"We thank Eli for his dedication
and contributions to ATEX during a transformative period for the Company. He and our finance team
delivered on key milestones, including our uplisting to the Toronto Stock Exchange and ensuring the
Company is well positioned financially to advance the Valeriano Project. We wish him continued
success in his future endeavours. We are looking forward to working with Jacques, who has been an
integral member of our finance team, in his new role as Interim Chief Financial Officer."
ATEX is actively progressing its assessment of a number of strong candidates for the Company's Chief
Executive Officer role and plans to consider the full-time Chief Financial Officer role in the context of
establishing a strong, integrated executive team to lead ATEX through its next phase of growth.
Jacques Steele's Biography
Jacques Steele is a qualified Chartered Accountant (SA) and mining finance executive currently serving
as Director of Finance at ATEX. He began his career at PwC South Africa before relocating to Canada,
where he continued with PwC Canada as a Senior Associate. He subsequently transitioned into the
mining sector, holding the role of Assistant Corporate Controller at Osisko Mining Inc. He then joined O3
Mining Inc. in 2020 as Corporate Financial Controller and was subsequently promoted to Director of
Finance in 2022. Following the sale of O3 Mining Inc. to Agnico Eagle Mines Limited in 2025, Mr. Steele
transitioned to the role of Chief Financial Officer of Electric Elements Mining Corp., a private investee
company of O3 Mining, while assuming his current position as Director of Finance at ATEX. Mr. Steele
brings extensive expertise in financial reporting, managerial finance and strategic planning to his current
role as Interim Chief Financial Officer of ATEX.
About ATEX
ATEX Resources is a mineral exploration company advancing its flagship Valeriano Copper-Gold
Project, located in the Atacama Region III of Chile, widely recognized as one of the world's most
prospective and mining-friendly jurisdictions. The Valeriano Project is emerging as one of the leading
undeveloped copper assets globally and anchors an expanding, globally significant copper district. As
such, it is well positioned to play an important role in meeting future demand amid increasingly
constrained global copper supply. Valeriano currently has an Indicated Mineral Resource of 475 Mt at
0.88% CuEq (0.58% Cu, 0.25 g/t Au, 1.39 g/t Ag and 70.4 g/t Mo) and an Inferred Mineral Resource of
1,511 Mt at 0.75% CuEq (0.50% Cu, 0.20 g/t Au, 1.16 g/t Ag and 70.6 g/t Mo), as reported on
September 23, 2025. For further information, please visit the ATEX Resources website at
www.atexresources.com
.
For further information, please contact:
Chris Beer,
Interim President and CEO
Email:
Aman Atwal,
Vice President, Business Development and Investor Relations
Email:
1-647-398-9405
or visit ATEX's website at
www.atexresources.com
.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/310983